Question : Hari, Mohan and Sohan are partners sharing profit and losses in the ratio of 5:3:2. Mohan died. His share of profit is to be taken by Hari and sohan in the ratio of 2:1. Calculate the new profit-sharing ratio and also calculate the gaining ratio
Option 1: New ratio 7:3 and Gaining ratio 2:1
Option 2: New ratio 7:3 and Gaining ratio 2:1
Option 3: Both A and B are correct
Option 4: None of the above
Correct Answer: New ratio 7:3 and Gaining ratio 2:1
Solution : Answer = New ratio 7:3 and Gaining ratio 2:1
Hari, Mohan and Sohan= 5:3:2
Mohan's share= $\frac{3}{10}$
Hari takes= $\frac{3}{10}×\frac{2}{3}$=$\frac{6}{30}$
Sohan takes= $\frac{3}{10}×\frac{1}{3}$=$\frac{3}{30}$.
Hari=$\frac{5}{10}+\frac{6}{30}=\frac{15+6}{30}=21/ 30$
Sohan= $\frac{2}{10}+\frac{3}{30}=\frac{6+3}{30}=9/ 30$
N.P.S.R= 21:9= 7:3
G.Ratio= 2:1
Hence, the correct option is 1.
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